4868
Business & Finance abbreviation · Tax
| Stands for | Application for Automatic Extension of Time To File U.S. Individual Income Tax Return (IRS Form 4868) |
|---|---|
| Categories | Business & Finance |
4868 stands for Application for Automatic Extension of Time To File U.S. Individual Income Tax Return (IRS Form 4868), a tax abbreviation.
Gives individual taxpayers an automatic six-month extension, usually to October 15, to file Form 1040. It extends only the time to file; any tax owed is still due by the April deadline.
Example: I filed a 4868 because my K-1s won't be ready, but I paid an estimate with it.
Usage notes
Paying part or all of an estimated balance electronically and marking it as an extension payment counts as filing the extension. Interest and late-payment penalties accrue on unpaid tax from April. US citizens living abroad get an automatic two-month extension to June 15 without filing anything.
Related abbreviations
More tax abbreviations
- 1099-MISC – Miscellaneous Information (IRS Form 1099-MISC)
- 1099-NEC – Nonemployee Compensation (IRS Form 1099-NEC)
- 1099-R – Distributions From Pensions, Annuities, Retirement or Profit-Sharing…
- 1120 – U.S. Corporation Income Tax Return (IRS Form 1120)
- 1120-S – U.S. Income Tax Return for an S Corporation (IRS Form 1120-S)
- 409A – Section 409A (nonqualified deferred compensation rules)
- 501(c)(3) – Charitable organization (Internal Revenue Code section 501(c)(3))
- 501(c)(4) – Social welfare organization (Internal Revenue Code section 501(c)(4))
- 83(b) – Section 83(b) election
- 940 – Employer's Annual Federal Unemployment (FUTA) Tax Return (IRS Form…
- 941 – Employer's Quarterly Federal Tax Return (IRS Form 941)
- 990 – Return of Organization Exempt From Income Tax (IRS Form 990)